Senior Legal Counsel, Capital Markets

Upstart

20h•Remote

About The Position

Upstart's Legal team partners closely with Capital Markets and Finance to support the funding strategies that power our lending platform. The team works across securitizations, whole loan sales, and other liquidity channels, helping structure transactions and manage legal risk as the business grows. As a Senior Legal Counsel, Capital Markets, you will support the execution of key financing transactions and provide practical legal guidance across investor-facing activities. You’ll work cross-functionally to help scale processes and ensure consistency across a growing set of products and funding structures.

Requirements

Juris Doctor (J.D.) degree and active membership in at least one U.S. state bar
7+ years of legal experience in structured finance, debt finance, capital markets, or a related practice area
Experience drafting and negotiating transactional agreements in financing or capital markets contexts
Experience supporting securitization transactions or similar structured finance arrangements
Experience working with cross-functional stakeholders and external counsel on complex transactions

Nice To Haves

Experience working at a fintech or lending-focused company
Knowledge of asset-backed securitizations and capital markets structures
Ability to manage multiple transactions with competing priorities and timelines
Skills in developing or improving legal templates and transaction processes
Ability to communicate legal concepts clearly to business and non-legal stakeholders

Responsibilities

Support capital markets and finance teams on purchase and sale agreements, securitizations, and other liquidity arrangements, as well as day-to-day legal support
Draft, review, and negotiate transactional documents with institutional investors, including asset managers, private equity firms, hedge funds, and pension funds
Partner with internal stakeholders and external counsel to support structuring and execution of securitization transactions, including pass-through and asset-backed structures
Contribute to managing deal flow, timelines, and documentation across multiple concurrent transactions
Collaborate with legal, product, and regulatory teams to ensure consistency across agreements and alignment with evolving requirements
Maintain and improve transaction templates and processes to support efficient and scalable execution
Provide guidance on legal risks and contribute to internal education on capital markets topics

Benefits

Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
Retirement benefits to help you plan for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada)
Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only)
Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health coverage for Canada.
Health Savings Account contributions from Upstart for eligible plans (US only)
Income protection benefits, including life insurance and disability coverage for added financial security
Paid time off, sick leave, and company holidays, in line with local requirements
Paid family and parental leave to support caregiving and major life moments (duration varies by country)
Family-centered benefits to support fertility, parenthood, and caregiving needs
Employee Assistance Program (EAP) offering mental health support and life-centered resources
Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only)
Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you
Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from
Connection and community through team events, all-company updates, and employee resource groups (ERGs)
Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!)